Things You Should Know

Condominium Fees

The condominium fees, also known as condominium assessments, are your share of the cost of the common expenses: the repair, replacement, and maintenance of what are known as the "common elements" and payment of common utilities and Talltree South's share of the costs of the swimming pool. The "common elements" include the external grounds and parking lots, and the shared portions of the buildings such as the roofs and hallways. The condominium documents include a complete, legal definition of the common elements. A budget is prepared yearly and is provided to each unit owner.

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